Portfolio decisions    

Often questions have to be answered about multiple projects or product options considered at the same time.  Projects cannot be considered in isolation when there are:

• Alternative projects with overlapping objectives
• Constrained resources shared between projects
• Projects where success in one or more subtasks will help enable the success of future projects, e.g. by pathfinding – eliminating an element of uncertainty.

By taking a structured approach to portfolio valuation, companies can make more informed decisions on which projects to push forward, and which to delay or cancel.  Tessella have developed a powerful toolset, Portmanto, already adopted in the pharmaceutical industry.

Similar techniques have also been applied to the development of a Technology Roadmap for the European Space Agency.  This maps the interdependencies between, and the likely success of, the myriad technology advances that would be required for a successful manned mission to mars.